Which of the Following Was True of the Bretton Woods

question 65

Multiple Choice

Which of the following was true of the Bretton Woods system? 

• A) All currencies in the system had floating exchange rates. 
• B) All currencies were pegged at a fixed rate to the dollar. 
• C) All currencies were maintained by fixing their prices in terms of gold. 
• D) All currencies in the system were required to be gold convertible.

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Definitions:

Anxiety Disorder

A disorder that includes a number of conditions in which unhelpful anxiety has a negative effect on daily life.

Phobias

Intense, irrational fears of specific objects or situations, which can trigger severe anxiety and avoidance behavior disproportionate to the actual threat posed.

Generalized Anxiety Disorder

Persistently high levels of anxiety often accompanied by maladaptive behaviors to reduce anxiety; thought to be caused by chronic stress.